In the same 10-Q filing, Fannie makes it clear that it does not like one bit the prohibitions the FHFA has placed on its ability to offer volume-based pricing discounts to its seller/servicers. It also chafes at the notion of “similar restrictions" and being forced to operate a cash window for small lenders...

PennyMac Financial Services was the most active seller-issuer in October with $15.73 billion. Quicken Loans was close behind at $14.10 billion…

The GSE regulator said later on he found out that “lender A and lender B” were getting a different set of terms…

If Fannie and Freddie are in fact released from conservatorship will they quickly rebuild their lobbying shops?

The MBS marks the first deal from Deephaven since the firm was acquired by Pretium Partners.

All of the loans in the MBS were originated by LendSure Mortgage. Ellington owns a 45% stake in the lender and provides a warehouse line of credit to the firm.

The RFI seeks public input on all policies that might affect UMBS fungibility and the viability of the TBA market. The action appears to be an effort by the agency to ensure the enterprises maintain appropriate oversight of UMBS prepayment speeds and alignment.

It appears that Fannie’s risk transfers are slowing. The GSE issued only one Connecticut Avenue Securities deal in the third quarter…

Genworth’s sale to China Oceanwide Holdings is still pending. The deal was struck back in 2016. So what’s the hold up? The short answer: Selling anything to China is complicated these days...

Mayer Brown attorneys said a synthetic structure can receive favorable capital treatment while traditional non-agency MBS cannot.